USADCWashingtonBrentwood1724 Capitol Ave Ne
Listing image | Image 1

1724 Capitol Ave Ne, Washington, DC

Townhouse

For Sale

Listed price in listed location currency (USD).
$875,000

440

MLS® DCDC2282352

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 3216 sqft
Garage 
Taxes $7,242
Days Active 33
Lot Size 0.07 Acres
Approx. Age 1937
Avg. Price Per Sqft $272
MLS® Number DCDC2282352

Property Address: 1724 Capitol Ave Ne, WASHINGTON, DC, 20002-2222

Average square foot calculated using Size range provided by listing agent.

Description

Rare fully-occupied 4-unit investment opportunity in DC's Brentwood corridor, minutes from Gallaudet University and Union Market. This solid brick building was built in 1937, all four units one-bedroom and individually metered for electric with their own heat pumps, keeping operating costs low and predictable for ownership. The flat roof was fully resurfaced in 2024, and a valid Certificate of Occupancy is on file. Additional features include a rear storage building with roll-up door, private decks, and a classic front porch. On-street parking. Currently producing $66, 516 in gross annual rent at a 5.7% cap rate, with every unit priced below market and a confirmed comparable-sale ceiling of $1, 687 per unit. Bringing rents to that level lifts gross income to roughly $80, 976 a year and pushes the cap rate to approximately 7.3%, a documented upside path since three of the four tenancies are DC housing voucher-backed and increases run through the housing authority's established rent reasonableness process, meaning a substantial share of income is government-backed and stable. Full financial package, rent roll, and maintenance history available upon request. Also well suited to an owner-occupant buyer using this as a house hack, live in one unit and let the other three help carry the mortgage. Won't last at this basis.
MLS® NumberDCDC2282352
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1937
Basement
DrivewayOn Street
Garage Spaces
HeatHeat Pump(s), Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 9, 2026List Date
$875,000List Price
-End Date
Not Sold YetSold Price

For Sale

Sep 9, 2026List Date
$875,000List Price

Home Appraisal

This property is estimated to sell between: $875,000 and $1,043,000.
Similar properties in this area sold on average for: $986,512
Expected to sell in 44 days. Similar properties sold in 77 days. This home has been on eXp Realty for 33 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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1724 Capitol Ave Ne, Washington, DC

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